Just another reason for me to open a position in MSFT when it will reach my target price of $260. probably the day after tomorrow once inflation numbers are out.
They will spend about 5 billion dollars a year through 2026 in improving their cybersecurity business, which according to the latest ER report brought in 15 billion in sales and is the fastest growing filed of their business.
This field will really compliment MSFT other products (for private, governments and corporates a like) and it will be very easy for them to push it to their clients. I'm also sure that part of this money will go to M&A of other companies in cybersecurity field, and there is fire sale going on in the market.
I was thinking about building myself a little ETF of cybersecurity companies, putting in about 5K in total buying companies like NET, CRWD, S, RSKD, CHKP, etc. – this was because I don't understand enough about cybersecurity, but have no doubt that this filed will only become more important and crucial for business and governments since more things going 'online' and moving to the cloud.
But as MSFT nearing my entry price and they also decided to invest more into cybersecurity I will just use the money to increase my starting position I think.
https://finance.yahoo.com/news/how-microsoft-is-expanding-its-cybersecurity-offerings-172045283.html
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